Emperador Properties acquires Madrid landmark Caleido
Emperador Properties, the real estate investment arm of Filipino businessman Andrew L. Tan, has acquired full ownership of Caleido, a landmark mixed-use complex in Madrid's prestigious Cinco Torres Business District.
Century Pacific, Vita Coco renew P14B, 5-year coconut water deal
Century Pacific Food, Inc. (PSE: CNPF), a top Philippine food company, has renewed its five-year contract with global coconut water leader The Vita Coco Company Inc., worth P14-billion.
Mega ICBC backs Asialink with ₱120M for MSME lending
Asialink Finance Corp. has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co. Ltd (Mega ICBC) that strengthens its capacity to extend timely and inclusive financing to micro, small, and medium enterprises (MSMEs) across the Philippines.
CPG raises dividends amid strong 2024 growth
Century Properties Group, Inc. said it has enhanced its dividend policy to showcase the company’s improved financial performance, with regular dividend rate doubled to 20 percent of consolidation net income for common shares. Additionally, CPG has declared a 5 percent special cash dividend for 2025.
BSP rate cut seen in response to slowing GDP
The monetary authorities are projected to execute a follow-up interest rate cut when the policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) meets on Thursday this week.
